PMI rises to 52.2 in February
Hungary's seasonally adjusted Purchasing Managers Index (PMI) rose to 52.2 points in February from 50.1 in January, Halpim, the organisation that publishes the index, said on Friday.
Szijjarto: BYD plant helping Hungary ‘to set pace for a global technology revolution’
China's BYD, the world's biggest electric vehicle maker completing a plant in Hungary has helped the country to a position in which it will "set the pace for a global technology revolution rather than lag behind others," Peter Szijjarto, the minister of foreign affairs ...
National economy minister has professional consultation with AmCham reps
Marton Nagy, the national economy minister, had a professional consultation with AmCham representatives to the European Union on Thursday.
Nestle to expand in HUF 55 billion investment
Swiss-owned Nestle Hungaria is investing 55 billion forints (EUR 141.3m) to expand its pet food facility in Buk, in western Hungary, the minister of foreign affairs and trade said on Friday, adding that the investment will create 130 jobs.
Szijjarto meets Spanish company executives
Around 200 Spanish companies employ some 50,000 people in Hungary, and continue to invest in the country, the minister of foreign affairs and trade said on Facebook on Tuesday.
Stellantis to make HUF 45 billion e-mobility investment
Multinational automaker Stellantis is investing 45 billion forints (EUR 116.2m) in moving the "key element" of its electromobility strategy to Hungary, securing the future of the Opel plant in Szentgotthard, in western Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said on ...
Szijjarto to hold talks with US business executives in Boston
Hungary is seeing a growing inflow of high value-added research and development investments, Peter Szijjarto, the minister of foreign affairs and trade, said in New York on Friday, adding that his talks with American business executives would be focused on promoting a "qualitative leap" ...
Tenders for HUF 450 billion in business funding to launch from Q2
The government will start calling tenders for 450 billion forints (EUR 1.16bn) in European Union and state funding for businesses from the second quarter, the national economy ministry said on Tuesday.
EIB Group outlays, guarantees in Hungary reach EUR 490 million in 2023
The European Investment Bank Group, including the EIB and the European Investment Fund, supported Hungary's economy with 490 million euros of new loans and guarantees in 2023, the EIB said on Monday.
Nagy: US-Hungary economic ties ‘flourishing’
Hungary is a good target for investment, and US-Hungary economic relations "are flourishing", the minister for the national economy told a business forum of the American Chambers of Commerce (Amcham) on Thursday.
